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Home 🌿 Recreational Marijuana News 🌿 Southwest Washington marijuana industry faces unknown future 🌿Southwest Washington marijuana industry faces unknown future
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Marijuana dispensaries in Southwest Washington lost about 37 percent in sales and tax revenue in the month October, according to data from the Washington State Liquor and Cannabis Board.
“Opening up 100 stores [in Portland] within driving distance is tough on everyone,” said Gareth Kautz, who owns High End Market Place, a marijuana retailer in Vancouver.
Vancouver retailers took a hit when medical marijuana dispensaries in Portland began selling recreational cannabis buds on Oct. 1.
And because Oregon isn’t taxing its recreational sales until January 2016, Portland residents are incentivized to stay in Oregon for the convenience and lower cost. People pay a 37 percent excise recreational marijuana tax, plus state tax, in Washington.
But Vancouver does offer some cannabis products that Oregon doesn’t yet allow.
“We’re still lucky to be able to sell products that...
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